European shares rebound LONDON: Automakers and retail stocks on Friday led a rebound in European shares from a two-day rout that saw... Published 18 Jul, 2022 06:22am
Print Fed officials stress ‘determination’ to bring down inflation WASHINGTON: US central bankers stressed their “strong commitment and determination” to bring inflation under... Published 26 May, 2022 05:26am
Business & Finance SoftBank reports record loss as tech shares tank TOKYO: Japanese investment giant SoftBank Group on Thursday logged a record annual net loss after a bruising year... Published 16 May, 2022 05:42am
World Fed lifts rates by half point, biggest jump in 22 years In a news conference after the release of the policy statement, Powell explicitly rules out raising rates by three-quarters of a percentage point in a coming meeting Updated 05 May, 2022 01:42pm
Markets Dollar slips before expected Fed rate hike NEW YORK: The dollar fell against a basket of currencies on Wednesday ahead of the outcome of a Federal Reserve... Published 04 May, 2022 07:51pm
Markets European stocks slide with eyes on US tech earnings LONDON: European shares extended losses for a third session on Tuesday, giving up earlier gains as technology stocks... Published 27 Apr, 2022 05:19am
Business & Finance Canadian dollar hits 6-week low TORONTO: The Canadian dollar weakened to a six-week low against its US counterpart on Tuesday, as rising uncertainty... Published 27 Apr, 2022 05:19am
Markets Wall Street slips on global slowdown worries NEW YORK: US stock indexes fell on Monday, extending a sharp selloff from last week as fears over China’s COVID-19... Published 26 Apr, 2022 05:20am
Markets Tokyo stocks end lower TOKYO: Tokyo stocks ended lower Tuesday, with investors disheartened by aggressive tightening by the Federal Reserve... Published 13 Apr, 2022 06:03am
Markets Wall Street rises as growth stocks bounce after inflation data NEW YORK: The Nasdaq led the charge on Wall Street on Tuesday after data showed inflation rose largely in line with... Published 13 Apr, 2022 06:03am
Markets Euro weighed down by talk of fresh Russia sanctions SINGAPORE: The dollar made a firm start to the week as Treasury yields rose with expectations of rapid-fire US... Published 04 Apr, 2022 11:38am
Business & Finance Fed must move 'expeditiously' and, if needed, more aggressively, Powell says The U.S. central bank must move "expeditiously" to bring too-high inflation to heel, Federal Reserve Chair Jerome... Published 21 Mar, 2022 11:26pm
Markets European shares higher after Fed hike, eyes on Ukraine peace talks LONDON: European stocks gained in choppy trading on Thursday, a day after the Federal Reserve’s widely anticipated... Published 18 Mar, 2022 05:20am
Markets European shares dip on worries over China Covid surge PARIS: European stocks fell on Tuesday, with commodity-linked sectors leading the losses, as concerns about surging... Published 16 Mar, 2022 05:40am
Markets Gold eyes worst week since Nov NEW YORK: Gold extended declines on Friday and was set for its worst week since late November as growing ... Published 29 Jan, 2022 06:05am
Markets Some Wall Street banks see four US interest rate hikes this year Goldman Sachs expects the Federal Reserve to raise interest rates four times this year and begin the process of... Published 10 Jan, 2022 07:26pm
Markets Dow falls over 2pc as new virus variant spooks investors NEW YORK: The Dow dragged Wall Street’s main indexes lower on Friday, with travel, bank and commodity-linked ... Published 27 Nov, 2021 05:08am
Markets Dollar climbs as inflation builds case for higher rates NEW YORK: The dollar index continued to rebound from prior-day losses on Friday after US government bond yields rose... Published 30 Oct, 2021 12:16am
Markets Dollar on course for weekly gain; kiwi leaps with inflation US dollar index heads for 0.5% weekly rise Virus jitters, rates outlook keeps USD supported NZD jumps as inflation surges to decade-high Published 16 Jul, 2021 10:50am
Markets European equities mostly dip on US rate jitters London's benchmark FTSE 100 index won 0.3 percent to 7,107.31 points just after midday. Updated 23 Jun, 2021 05:38pm
Markets European stocks waver before Fed rate call Paris stocks meanwhile rose 0.1 percent while Frankfurt slid 0.2 percent in early afternoon eurozone deals. Published 16 Jun, 2021 04:21pm
Business & Finance Early trade in New York: Dollar edges higher NEW YORK: The dollar edged higher on Friday, boosted by encouraging US manufacturing data, but remained on track for... Published 22 May, 2021 04:05am
